Alesia Haas, CFO of Coinbase: Influx of capital into Bitcoin ETFs
January 16, 2024 at 05:55 pm IST
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(MT Newswires) -- Alesia Haas, CFO of Coinbase, highlights the importance of the approval of the Bitcoin ETF. This decision will allow institutional investors to broaden their investable asset classes. Following the approval, Coinbase has seen an influx of capital into ETFs. The company also plans to expand its workforce in 2024, coinciding with the expansion of its international operations, including Canada, Brazil and Singapore. Haas discusses the progress being made in the supervision of cryptocurrencies. It cites Europe, with its Mika regulatory framework, as well as Japan and Singapore, as examples of regulations tailored to the specificities of the industry.
Coinbase Global, Inc. is a holding company of Coinbase, Inc. and other subsidiaries. The Company provides platform, which enables its users to engage in a variety of activities, including discovering, trading, staking, storing, spending, earning and using their crypto assets. The Company offers a suite of products and services that are designed to meet the distinct needs of its three customer groups: consumers, which includes individual retail user customers seeking to discover or trade crypto assets and engage in on chain activities; institutions, which are businesses that include market makers, asset managers, hedge funds, banks, wealth platforms, registered investment advisors, payment platforms, and public and private corporations; developers, which comprise of developers, creators, merchants, crypto asset issuers, organizations and financial institutions, and other groups building decentralized protocols, applications, products, or other services on chain.
COINBASE GLOBAL, INC. 
